Tag - trade

 
 

TRADE

A uranium stone. Russia is the world's largest exporter of enriched uranium.
ASIA PACIFIC / Politics
Sep 18, 2024
U.S. probes uranium imports from China amid concerns over Russian ban
The U.S. banned Russian enriched uranium in December 2023 as part of an effort to disrupt Russia's ability to fund its war on Ukraine.
Japan's export growth slowed sharply in August as shipments to the United States dropped for the first time in three years.
BUSINESS / Economy
Sep 18, 2024
Japan’s export growth slows as external demand moderates
Imports climbed 2.3%, falling short of the 15% gain forecast by economists, with trade deficit widening to ¥695.3 billion.
Employees work on an electric car production line near Ningbo, China, in April 2021. In new measures announced Friday, the Biden administration is moving to block off a popular tariff-free path for Chinese apparel coming into the United States, and added stiff levies on electric vehicles, solar panels and other products.
BUSINESS / Economy
Sep 14, 2024
U.S. locks in steep China tariff hikes, as some industries warn of disruptions
The tariffs include a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals.
The lapse of the historic U.S.-China Science and Technology Agreement, coupled with escalating tariffs and trade restrictions, has exacerbated economic tensions between the two countries and impacted global stability.
COMMENTARY / World
Sep 12, 2024
Resetting U.S.-China economic relations
To address global challenges, active cooperation between the two economic powers is indispensable.
U.K. Ambassador to Japan Julia Longbottom says the Indo-Pacific region offers a unique opportunity to not only tackle shared security concerns but also to generate new sources of economic growth.
JAPAN / Politics
Sep 9, 2024
U.K. envoy to Japan pushes back on Indo-Pacific disengagement concerns
The region — and Japan — remain “critical" to Britain's interests, Ambassador Julia Longbottom told The Japan Times.
The Chinese government will remove the last remaining limits on overseas investments in the manufacturing sector starting from Nov. 1 and cut its list of areas that are restricted for foreign investors, according to a statement from the National Development and Reform Commission posted on Sunday.
BUSINESS
Sep 8, 2024
China opens manufacturing, health care sectors to foreign money
Beijing will remove the last limits on overseas investments in the manufacturing sector from Nov. 1 and cut its list of areas that are restricted for foreign investors.
An Nvidia Quantum-X800 InfiniBand Platform on display in Taipei on June 5
WORLD / Politics
Sep 6, 2024
U.S. targets China with quantum and chip-related export curbs
The rules cover all worldwide exports, but include exemptions for countries that implement similar measures.
When it comes to trade disputes between the U.S. and China, not even the game of golf is spared.
BUSINESS
Sep 3, 2024
U.S. golf cart industry reveals how China tariffs are a blunt instrument
In factories and shops around the country, finding complaints about cheaper Chinese competitors is easy — but reaching a consensus on how to combat them is harder.
Australian Foreign Minister Penny Wong
BUSINESS
Sep 3, 2024
Australia firms should invest in Southeast Asia, foreign minister says
Southeast Asia is expected to be the world’s fourth-largest economy by 2040 with an expanding population.
A Samsung high-bandwidth memory chip. South Korea is among a handful of semiconductor powerhouses that face a potential U.S. ban on exports to China of state-of-the-art chips, including high-bandwidth memory, used to train artificial intelligence.
BUSINESS / Tech
Sep 2, 2024
South Korea wants U.S. ‘carrots’ for embracing China chip curbs
South Korean trade minister says incentives ‘would help U.S. policy be embraced more easily.’
Nippon Steel Vice Chairman Takahiro Mori
BUSINESS / Companies
Aug 30, 2024
Nippon Steel, peers urge Tokyo to curb steel imports from China
China's steel exports rose 24% to 53.4 million tons in the first half of 2024, on track for 100 million tons for the year.
There is a significant divide between security experts, who emphasize the unquantifiable risks of geopolitical instability, and economists, who focus on the measurable costs of restructuring supply chains.
COMMENTARY / World
Aug 28, 2024
Traditional economics fail the geopolitical test
The seemingly yawning gap between the views of the security specialists and the business and economics types is striking.
The Panama Canal is Panama’s biggest source of revenue, bringing in nearly $5 billion last year.
BUSINESS
Aug 28, 2024
Panama Canal eases limits that caused global shipping bottleneck
Last year’s El Nino caused a significant drop in rainfall and forced the canal to implement daily transit restrictions.
Tepco employees serve scallops at an event in Tokyo last month.
BUSINESS
Aug 25, 2024
Japan scallop exports shifting away from China dependence
The efforts led to increases in scallop exports to the United States and other markets, highlighting the scallop supply chain's shift away from China.
Seafood for sale at a market in Zhoushan, China. Beijng's import ban has fueled an aversion to seafood in general, creating a situation it hadn't anticipated.
BUSINESS
Aug 24, 2024
China keeps door firmly closed to Japanese seafood imports
Despite assurances of safety, Beijing continues to call water released from the crippled Fukushima plant "nuclear-contaminated water."
Friday's sanctions include measures against companies in China involved in shipping machine tools and microelectronics to Russia, according to the U.S. State Department.
WORLD / Politics
Aug 24, 2024
U.S. sanctions 400 entities aiding Russia's war — including Chinese firms
Friday's sanctions include measures against companies in China involved in shipping machine tools and microelectronics to Russia.
Masanobu Sakamoto (left), head of the National Federation of Fisheries Cooperative Associations, meets with industry minister Ken Saito (right) in Tokyo on Friday.
JAPAN / Society
Aug 23, 2024
Head of fishery group expresses industry's concern over import bans
Such bans by other countries in response to the release of treated water from the Fukushima nuclear plant leave the sector uncertain about its future, he says.
The ability of Xi Jinping's government to control China's  industrial overcapacity crisis is limited, and stimulating domestic demand is difficult amid geopolitical tensions.
COMMENTARY / World
Aug 21, 2024
Xi’s supply-side panacea has lost its magic
China’s excess capacity problem will have to fester until even its industry leaders call it quits. That may be some years away.
Vehicles bound for shipment parked in front of the Lyra Leader vehicles carrier ship at the Nagoya Port in Nagoya. Japan's exports rose in July but shipment volumes extended their declines.
BUSINESS / Economy
Aug 21, 2024
Japan's July exports growth lags expectations as volumes fall again
Japanese exports rose 10.3% year-on-year in July, less than a median market forecast for an 11.4% increase.
Solar cell panels over the water surface of Sirindhorn Dam in Ubon Ratchathani, Thailand. Four countries in Southeast Asia including Thailand account for more than 40% of solar module production capacity outside of China.
BUSINESS / Markets
Aug 21, 2024
Southeast Asia’s solar boom threatened by U.S.-China trade tension
Chinese firms that set up shop in the region over the last decade are being accused of skirting U.S. import levies on their home market.

Longform

An ongoing shortage of rice has resulted in rising prices for Japan's main food staple.
Why Japan is running out of rice — and farmers to grow it